Kazakhstan News Archives

Kazakhstan's chairmanship to OSCE is chance for country to contribute to strengthening regional and global security: future OSCE chairman-in-office Kanat Saudabayev (INTERVIEW)

Kazakhstan, Astana, November 30 / Trend News, K.Konyrova /

Trend News exclusive interview with Secretary of State - Foreign Minister of the Republic of Kazakhstan Kanat Saudabayev on the threshold of the country's chairmanship to the OSCE

Wednesday, November 25, 2009 ALMATY: Afghanistan's Taliban may seek to establish a foothold in ex-Soviet Central Asia to recruit supporters and disrupt supplies for US troops in Afghanistan, regional security officials said on Tuesday.

In the last few years, big banks have found many surprising ways to lose billions of dollars by making loans that turned sour.

The presidents of Russia, Kazakhstan and Belarus reached a deal Friday to create a customs union among their three ex-Soviet states from July 1 next year.

The establishment of a Customs Union of Belarus, Kazakhstan, and Russia will enable the three countries to have significant GDP growth by 2015, Kazakh President Nursultan Nazarbayev said.

Kazakhstan railways are to offer free Wi-Fi services on commuter routes after signing a backhaul contract with satellite operator, SES World Skies.

In the latest twist to the political saga involving planned resignations by pan-democrat legislators from all five of Hong Kong's geographical constituencies, the pressure has shifted from the Democratic Party to the Civic Party.

Kazakhstan, Astana, Nov.26 / Trend News, K.Konyrova /

A memorandum of understanding was signed in Astana today between the UNDP and Kazakh government covering the country's new stage of national development from 2010-1014, representative of the UNDP Kazakhstan Office Shinar Zhetpisova told Trend News.

A global enabler of communications on the go, SES WORLD SKIES, a division of SES S.A. , today announced Astel has tapped its NSS-6 satellite to deliver the first high-speed mobile broadband and phone services to train passengers traveling the busiest commuter rail in Kazakhstan.

Will Kazakhstan have a pivotal role in Karabakh issue? 04:25 pm Today Politics The prospects of Kazakhstan's presidency in the Organization for Security and Cooperation in Europe were discussed in Yerevan on Wednesday.

The government has gone on the offensive over pan-democrats' plans for several legislators to resign and trigger a "mini-referendum" on political reform, calling on them to answer what it says are key questions hanging over the plan.

Kazakhstan, Astana, Nov. 24 / Trend News, K.Konyrova /

Newly appointed Dutch Ambassador to Kazakhstan Frans Potuyt has taken office, embassy official Anastasia Shpakova told Trend News today.

Kazakhstan, Astana, Nov. 23 / Trend News, K. Konyrova /

Kazakh President Nursultan Nazarbayev will pay an official visit to the Republic of Belarus on Nov. 25-26, Kazakh Foreign Ministry's official Yerzhan Ashykbayev said at a briefing on Monday.

Temirbank, Kazakhstan's tenth largest bank, has defaulted on its debt and became the fourth Kazakh lender to seek restructuring this year, the bank said in a statement on Monday.

Kazakhstan's Financial Supervision Agency has ordered Astana Finance to decrease its stakes in its banking and insurance subsidiaries until it reaches a restructuring deal and boosts its regulatory capital, Reuters reported.

Russia and Kazakhstan have concluded agreements on oil transit and the parallel operation of the two countries' power grids, according to media reports.

By:A Erica Marat , published by approbation by the author. Less than two months before Kazakhstan takes over the chairmanship of the Organization for Security and Cooperation in Europe , Kazakh NGOa s are warning the international community about the rapidly worsening human rights situation in the country.

Uzbekistan has closed its border with central Asian neighbor Kazakhstan to all but citizens of each nation returning home, the Kazakh Foreign Ministry said on Monday, as swine flu spreads in both countries.

Steel tycoon Lakshmi Mittal has not yet notified Kazakh authorities of his intention to pull out of his oil exploration projects in the Caspian Sea, Kazakh Energy Minister Sauat Mynbayev said on Thursday.

Bank CenterCredit , Kazakhstan's sixth largest bank, reported a net income of KZT5.46 billion in the first nine months of 2009, down 11 percent compared to the same time period in 2008, according to its preliminary financial statements.

Kazakhstan will allocate $50 million to train 1,000 Afghan specialists in the next five years in Kazakh higher educational establishments and vocational schools, the Kazakh Foreign Ministry said Sunday.

Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Eastern Platinum Ltd.

Prime Minister of Ukraine Yulia Tymoshenko held a meeting with Prime Minister of Moldova Vlad Filat.

Kazakhstan, Astana, Nov. 20 / Trend News K. Konyrova /

Kazak Foreign Minister Kanat Saudabaev will pay an official visit to Afghanistan Nov. 22.

At that he noted that regular meeting between Armenian and Azeri Foreign Ministers is rescheduled for February in Luxemburg.

Company cements position in Central Asian oil and gas industry with second national comedy tour and raises US$4000 for the Children's Health Charity, Aktau 20 November 2009 - shipping, marine and logistics services provider GAC Group has hosted its second comedy tour of Kazakhstan, as promised at the conclusion of the highly acclaimed inaugural ...

Kazakhstan, Astana, Nov. 20 / corr. Trend News K.Konirova

The joint presentation of the "Kazakhstan's presidency at OSCE" report will be held in RIA Novosti office in Moscow on Dec. 9. The report was prepared by Russian experts and considered with representatives of the Russian Foreign Ministry, the Lomonosov Moscow State University expert group head Aleksey Vlasov told Trend News

Turkmenistan, Ashgabat, 19 November / Trend Capital, G.Hasanov /

International Gas Union (IGU), established in 1931, invited the gas producing states of Central Asia - Turkmenistan, Kazakhstan and Uzbekistan, to join it. The Secretary General of the organization Torstein Indrebo made this proposal today during Oil and Gas of Turkmenistan-2009 conference held in Ashgabat.

The Shanghai Cooperation Organization has begun a third round of discussions in Almaty about upcoming counterterrorism exercises, RFE/RL's Kazakh Service reports.

Kazakhstan, Astana, Nov. 19 / corr Trend News K.Konirova

Kairat Kelimbetov was elected president of the Kazakhstan Cycle Racing Federation today. Kelimbetov is chairman of the Samruk-Kazyna National Welfare Fund, the Fund Samruk Kazina told Trend News.

Kazakhstan, Astana, Nov. 18 / Trend Capital K. Konyrova /

Today new ambassadors from eight countries, including the Netherlands, Canada, Latvia, Belgium, France, Finland, Mongolia and Georgia, presented their credentials to Kazakh President Nursultan Nazarbayev in Ak-Orda.

Kazakh banks will be able to return to international capital markets in the second half of next year, central bank chairman Grigoriy Marchenko said on Wednesday in an online press conference.

The Mazhilis, Kazakhstan's lower house of the parliament, approved the 2010 state budget on Tuesday which sees the economy growing by 2.4 percent next year.

The International Finance Corporation has lent $60 million to ATF Bank, Kazakhstan's fourth largest bank, to facilitate small business financing, the bank said on Tuesday.

Kazakhstan's banking sector reached the bottom this fall and is now on its way to recovery, according to a research report authored by Russian investment bank VTB Capital.

Tethys Petroleum, a Kazakhstan-focused oil company, has reportedly filed an application with the Hong Kong Stock Exchange to list on the exchange in the first quarter of 2010, Chinese media reported, citing market sources.

NEW DELHI: Steel magnate L. N. Mittal's Mittal Investment Sarl has pulled out of a project to develop an oil field in Kazakhstan in partnership with ONGC Videsh Ltd.

Russia, Moscow, 18 Nov. /Trend News K.Konirova/

Trade and economic ties lie in the basis of bilateral cooperation between Kazakhstan and Russia, Kazakhstan foreign minister Kanat Saudabaev said in his address in Moscow State University.

Kazakhstan, Astana, Nov. 17 / Trend News K. Konyrova /

Conflicts addressed by the OSCE should be resolved in the previously agreed upon format, Russian Foreign Minister Sergey Lavrov said in response to a question posed by Trend News during a news conference in Moscow today.

As Kazakhstan gears up to chair the Organization for Security and Cooperation in Europe in 2010, Astana is facing criticism over its recent democratization record.

Uranium One Inc. says the Kazakh Ministry of Energy and Mineral Resources has approved the Vancouver company's purchase of a 50 per cent stake in the Karatau Uranium Mine in Kazakhstan in central Asia.

Turkmenistan, Ashgabat, Nov. 16 / corr Trend News H.Hasanov /

All five Caspian littoral countries - Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran are for rapid coordination of final text of the draft Convention on Caspian legal status.

Brave New Foundation posts a petition and YouTube video with young veterans asking Obama not to send more troops to Afghanistan.

His bank card and mobile phone were blocked. He was detained on the way to the airport.

The fundamentals for the Kazakh tenge to appreciate are in place, central bank chairman Grigoriy Marchenko said on Wednesday, citing rising oil prices and improving current account.

Kazakhstan may introduce requirements for foreign companies to use domestic banks for banking services and local insurers for insurance services, central bank chairman Grigoriy Marchenko said on Wednesday.

In the first nine months of 2009, the aggregate external debt of Kazakhstan's banks declined by $7.3 billion to $31.9 billion, central bank chairman Grigoriy Marchenko said on Wednesday.

Kazakhstan may limit foreign ownership of banks and other financial companies to reduce the risk of a credit crunch, central bank chairman Grigoriy Marchenko said on Tuesday.

The N Block, an offshore exploration project in Kazakhstan's Caspian Sea, may hold 1.5 billion to 3 billion barrels of crude oil, Mubadala Development Co., one of the companies developing the project, said on Tuesday.

According to USDA, in 2009/10 MY, the export potential of grains from Kazakhstan totals 7.5 mln tonnes, an increase of 25% compared to the previous season.

Kazakhstan, Astana, Nov. 12 /Trend News K. Konirova/

Astana Mayor Imangali Tasmagambetov applied to the Parliament on Thursday to approve financial aid to families of victims, died in a massive fire occurred in technological complex AstanaProm in the amount of 1 million tenge ($1 is 160.6 tenge)

Azerbaijan, Baku, Nov. 12 / Trend News M.Aliyev /

Azerbaijani National NGO Forum (NNGOF) President Rauf Zeyni will attend a meeting of the Civil Society Forum in Kazakhstan Nov. 23-24, an NNGOF source told Trend News.

Kazakhstan, Astana, Nov. 11 /Trend News, K.Konyrova/

Slovenia expects from Kazakhstan political initiatives and new ideas to forthcoming OSCE Chairmanship in 2010.

Kazakhstan, Astana, November 11 / Trend News K.Konirova /

Slovenia supports Kazakhstan's idea to hold OSCE summit in 2010, President of Slovenia Danilo Turk said during the negotiations with the head of Kazakhstan Nursultan Nazarbayev.

Kazakhstan, Astana, Nov. 11 / Trend News K.Konirova

Violence of fire safety procedures during the welding caused the huge fire in Astana, Kazakhstan's Emergency Minister Vladimir Bojko said

Kazakhstan, Astana, Nov. 10 / Trend Capital K. Konyrova /

OSCE Parliamentary Assembly Vice Speaker Kasim-Zhomart Tokayev met with OSCE Parliamentary Assembly President Joao Soares today during his working visit to Kazakhstan.

Kazakhstan, Astana, Nov. 10 / corr. Trend News K.Konirova /

Four Russian citizens were found among the dead in a huge fire in Astana. The victims of fire in the industrial technological complex of vegetable storage of industrial park are O.Sharafutdinov, 41, E.Denisov, 21, R.Safiullin, 42, and V.Solovyev, 56, the Kazakh Ministry of Emergency Situations reported.

Azerbaijan, Baku, November 9 / Trend Capital /

First oil from Kazakhstan's Kashagan oil field will be produced in 2012, said the Chairman of the Eni Company Paolo Scaroni, after a meeting with Kazakh President Nursultan Nazarbayev, official website of KazMunaiGaz reported.

Kazakh border guards have detained six Russian nationals for border violations, the Central Asian state's National Security Committee said Tuesday, RIA Novosti reported.

Kazakhstan has, again, raised its estimate for grain exports in a second fillip within a week for the increasingly significant Black Sea region.

ALMATY: Thirteen people were burned to death after a fire broke out at a warehouse in the Kazakhstan capital Monday, media reports said.

Kazakhstan, Astana, Nov. 9 /Trend News, K.Konyrova/

President of the Republic of Slovenia Danilo Turk will visit Astana on Nov. 11-12 upon the invitation of the Kazakh president, the Kazakh Foreign Ministry's official Yerzhan Ashykbayev said.

Kazakhstan, Astana, Nov. 9 / Trend Capital K. Konyrova /

OSCE Parliamentary Assembly President Joao Soares will visit the Kazakh parliament on Nov.10, the parliamentary press service told Trend News.

VATICAN CITY, NOV. 6, 2009 .- Kazakhstan is one nation that enjoys the peaceful coexistence of faithful from various religions, Benedict XVI and the Kazakhstani president observed today.

VATICAN CITY, 6 NOV 2009 - The Holy See Press Office released the following communique at midday today: "Today, Friday 6 November 2009, His Holiness Benedict XVI received in audience Nursultan Nazarbayev, president of the Republic of Kazakhstan.

Italian aerospace and defense company Finmeccanica has signed a memorandum of understanding with a Kazakhstan sovereign wealth fund for a raft of cooperation deals.

ROME Italy's Silvio Berlusconi praised the virility of Kazakhstan's men during a visit to Rome by its president, Nursultan Nazarbayev, saying this was the reason for the former Soviet country's population growth.

Pope Benedict XVI met on November 6 with President Nursultan Nazarbayev of Kazakhstan, and took note of the "peaceful coexistence between faithful of various religions" in the country-- where Muslims constitute the majority, but Russian Orthodox maintain a substantial presence.

Italian prime minister Silvio Berlusconi and Kazakhstan president Nursultan Nazarbayev signed on Thursday new commercial agreements aimed at boosting bilateral ties.

Azerbaijan, Baku, Nov. 6 /Trend Capital, V.Zhavoronkova/

International experts expect Italy to speak positively on developing cooperation with Astana during Kazakh President Nursultan Nazarbayev's official visit to Rome Nov. 4-6.

Italian prime minister Silvio Berlusconi and Kazakhstan president Nursultan Nazarbayev signed on Thursday new commercial agreements aimed at boosting bilateral ties, Xinhua reported.

Italy's Finmeccanica industrial group on Nov. 5 signed a memorandum of understanding with a Kazakhstan sovereign wealth fund to reach industrial cooperation deals covering helicopters, railways and electro-optics, including tank upgrades.

Kazakhstan, Astana, Nov. 5 / Trend News K. Konyrova /

Serbian foreign minister Vuk Yeremich will pay official visit to Kazakhstan in the first six months of 2010, the Kazakh foreign ministry press-secretary Ilyas Omarov told Trend News.

Turkmenistan, Ashgabat, Nov. 4 / Trend Capital H.Hasanov /

Kazakhstan has proposed holding a meeting between the five Caspian countries on the rational use, conservation and reproduction of the Caspian's bioresources in Astana in December 2009.

In talks in Amman yesterday, the two leaders discussed means to foster bilateral ties, developments in the region, and regional and international issues of mutual concern, according to a Royal Court statement.

Kazakhstan, Astana, Nov. 4 / corr Trend News K.Konirova

The Kazakhstan Assembly of Nations has reported that roughly 3,000 Kazakhs live in Saudi Arabia, Kazakh Foreign Ministry Spokesman Ilyas Omarov told Trend News.

Kazakh President Nursultan Nazarbayev conferred Tuesday with Jordan's King Abdullah on efforts to spur the stalled Middle East peace process and ways of boosting bilateral ties, a statement by the Jordanian royal court said.

Kazakhstan, Astana, Nov. 3 / Trend News K. Konyrova /

Kazakhstan proposes announcing 2010 the International Year of Bringing Together Cultures and Religions. The initiative was sounded at a meeting between Kazakh Parliamentary Vice Speaker Mukhambet Kopeyev and Muslim World League Secretary General Abdullah bin Abdul Mohsin Al-Turki in Mecca this week, Azerbaijani Foreign Ministry Spokesman Ilyas Omarov said.

Kazakhstan, Astana, Nov. 3 / Trend Capital K. Konyrova /

Kazakhstan intends to accelerate the grain export to the markets of Iran and China, Kazakh Prime Minister Karim Masimov said on Nov. 3.

Azerbaijan, Baku, Nov. 2 /Trend News, V.Zhavoronkova/

Kazakhstan as the chairman at the Organization for Security and Co-operation in Europe (OSCE) can mediate between interests of Russia and West, believes Michael Laubsch, German Expert for Central Asia.

Kazakhstan, Astana, Nov. 2 / Trend News K.Konirova /

The UN General Assembly First Committee, which is engaged in disarmament and safety, on the basis of consensus has approved a resolution on "International Anti-nuclear Tests Day", put forward by Kazakhstan, representative of the Kazakh Ministry of Foreign Affairs Erjan Ashikbayev stated on a Monday briefing.

Kazakhstan, Astana, November 2 / Trend News K. Konyrova /

Kazakh President Nursultan Nazarbayev will pay official visit to the Hashemite Kingdom of Jordan on November 3-4 on the invitation of King Abdullah II bin al-Hussein, Kazakh official representative Yerzhan Ashikbayev said at a press-conference in Astana on November 2.

Kazakhstan, Astana, Nov. 2 / Trend News K. Konyrova /

On Nov. 2, Kazakh Ambassador to Australia Erlan Baudarbek-Kozhataev opened the Kazakh honorary consulate in Perth (Australia), the Foreign Ministry's Spokesman Ilyas Omarov told Trend News.

Move to cash in on 'pockets of wealth' WITH spending on luxury goods down across the developed world in the economic crisis, luxury brands are increasingly looking far beyond the chic avenues of New York, London or Paris for revenue.